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536 N Main St
Leominster, MA 01453 Outer Fitchburg/Leominster

$3,500,000 USD

Freestanding For Sale  •  1,672 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 1,672 SF
  • Lot Size 0.56 AC
  • Building Class C
  • Year Built 1976
  • Tenancy Single
  • Zoning commercial
30 Transit Score
50 Walk Score

Highlights

New 10-year lease with 8+ years of primary term remaining plus two (2), 5-year renewal options extending through 2044.
$226,000 of in-place NOI with 10% rent escalations every five years growing contractual rent to $300,806 across the term and options.
Absolute Triple Net (NNN) lease provides zero landlord obligations and zero capex exposure for the entire hold.
Passive, management-free income asset ideal for the 1031 exchange buyer.
Substantial Tenant capital investment in build-out, drive-thru, and FF&E demonstrates long-term commitment to the site.
Taco John's is a national QSR franchise operating approximately 370 locations across 22 states with active Northeast expansion.

Property Flyers

Amenities

  • 24 Hour Access
  • Freeway Visibility
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
North Leominster (Fitchburg/South Acton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 4 min - 1.7 mi
Fitchburg (Fitchburg/South Acton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 7 min - 2.8 mi
AirportDriveWalkDistance
Worcester Regional 40 min - 28.2 mi
Manchester Boston Regional 69 min - 38.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 42
Type: Surface
Included in Rent: Yes
Mike Jacobs 508-753-9100 NAI Glickman Kovago & Jacobs
Mike Jacobs 508-753-9100 NAI Glickman Kovago & Jacobs